Posts Tagged: bank

U.S. Savings Rate: Better than we thought (but not good enough)

saving
Quick: What is America’s national savings rate?  If you guessed less than 5%, you’d be close, but the scarier figure reported by the U.S. government’s Bureau of Economic Analysis (BEA) this year was just over 2%. This precipitous decline in savings by Americans has been the source of a lot of...
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